O67-17KENNEDALE ORDINANCE NO. 67-17
AN ORDINANCE LEVYING TAXES FOR THE USE AND
SUPPORT OF THE MUNICIPAL GOVERNMENT OF THE
CITY OF KENNEDALE, TEXAS, AND PROVIDING FOR
THE WATER WORKS SYSTEM BOND AND INTEREST
RETIREMENT FUND, SERTF.S. 1952, AND THE WATER
WORKS SYSTEM BOND AND INTEREST RETIREMENT
FUND, SERIES 1955, AND THE GENERAL OBLIGATION
BOND AND''INTERES T RETIREMENT FUND, SERIES.
1960, AND THE GENERAL OBLIGATION BOND AND
INTEREST RETIREMENT FUND, SERIES 1962, AND
THE GENERAL. OBLIGATION BOND AND INTEREST .
RETIREMENT FUND, SERIES 1964, AND THE GENERAL
OBLIGATION BOND AND INTEREST RETIREMENT FUND,
SERIES 1965, AND'THE.CITY OF KENNEDALE.REFUNDING
BOND AND INTERES T.RETIREMENT FUND, SERIES 1967,
FOR THE TAX.YEAR.1967; APPORTIONING EACH LEVY
FOR THE SPECIFIC PURPOSE; AND PROVIDING. AN
EFFECTIVE DATE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF KENNEDALE, TEXAS:
Section 1. That there is hereby levied and there shall
be collected for the use and support of the municipal government
of the City of Kennedale, Texas, and to provide an interest and
sinking fund for the retirement of City of Kennedale Water Works
System Bonds, Series 1952, and City of Kennedale Water Works
System Bonds, Series 1955, and City of Kennedale General Obligation
Bonds, Series 1960, and City of Kennedale General Obligation :ends,
Series 1962, and City of Kennedale General Obligation Bonds,
Series 1964, and City of Kennedale General Obligation Bonds,
Series 1965,. and City of Kennedale Refunding Bonds, Series 1967,
upon all property, real, personal and mixed, within the cor-
porate limits of the said City of Kennedale, Texas, subject
to taxation, a tax of One and No/100 Dollars ($1.00) on each
One Hundred and No/100 Dollars ($100.00) valuation of property
for the year 1967, said tax being so levied and apportioned for
the purposes herein set forth:
(a) For the City of Kennedale Water Works
System Bonds, Series 1952, Interest and
Sinking. Fund: Ten Cents (100) on each
One Hundred and No/100 Dollars ($100.00)
valuation of property.
(b) For the City of Kennedale Water Works
System Bonds, Series 1955, Interest
and Sinking Fund: Two Cents (2 per
One Hundred and No/100 Dollars $100.00)
valuationof property.
(c)
For the City of Kennedale General
Obligation nds, Series 1960, Interest
and Sinking Fund: Ten Cents (100) on
each One Hundred and No/100 Dollars
($100.00) valuation of property.
(d) Forthe City of Kennedale General
Obligation Bonds, Series 1962, Interest
and Sinking Fund: Two Cents (20)
on each One Hundred and No/100 Dollars
($100.00) valuation of property,
(e) For the City of Kennedale General
Obligation Bonds., Series 1964, Interest
and Sinking Fund: Two Cents (20)
on each One Hundred and No/100 Dollars
(5100.00) valuation of property.
For the City of Kennedale General
Obligation Bonds., Series 1965, Interest
and Sinking Fund: Two Cents (20)
on each One Hundred and No/100 Dollars
($100.00) valuation of property.
For the City of Kennedale Refunding
Bonds, Series 1967, Interest and Sinking
Fund: Two Cents (20). on each
One Hundred and No/100 Dollars
($100.00) valuation of property.
(h) For the maintenance and support of
the general government (General Fund):
Seventy Cents(70$) on each One Hundred
and No/100 Dollars ($100.00) valuation
of property.
Section 2. There is hereby levied and there shall
be collected from every person, firm, association or corporation
pursuing any occupation taxed by the general laws of the State
of Texas, an annual occupation tax equal in each instance to
one. half (i) of the state occupation tax, which said taxes
shall be paid annually in advance except where otherwise
provided by state law, which occupation taxes are hereby
appropriated to the maintenance of the generalmunicipal
government (General Fund).
Section 3. All monies collected under this ordinance
are hereby appropriated and set apart for the purposes indicated,
and the City Secretary shall keep accounts so as to readily and
distinctly show the amount collected, the amount expended, and
the amount on hand at any time, in each of said funds, and it
is hereby made the duty of the City Tax Assessor -Collector,
and every person collecting money for the City of Kennedale,
to deliver to the City Secretary -Treasurer, atthe time of
depositing any monies, a statement showing to what fund such
deposit should be made and from what source received. All
receipts for the City not specifically apportioned by this
ordinance are hereby made payable to the General Fund of the
City, unless the City Council shall by resolution or ordinance
hereafter otherwise direct.
(f )
(g)
Section 4+. This ordinance shall take effect and
be in full force and effect from and after its passage,
PASSED AND APPROVEDthis 9thday of November 1196�0
APPROVED:
ATTEST:
'1
I
City Secretary
(CITY SEAL)